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Multi-Tenant Retail Building
For Sale
Contact for pricing
Pending

1141 Walnut St, Lebanon, PA 17042

Retail building on over half an acre with three entrances, a dry cleaning space, and two additional month-to-month leased suites.

Property SizeContact for details
Days on Market142

Property Features for 1141 Walnut St

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty Lebanon
Listed By: Kieran Holahan · License #PA
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Aug 29 at 3:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Homesale Realty Lebanon

Investment Insights

Based on property information with market context.

This multi-tenant retail building totals over 8,000 square feet on over a half an acre. The primary space is over 5,000 square feet and is currently operated as a dry cleaning business. Two additional units are rented to a beauty salon and a barber shop.

The property features three separate entrances and exits, providing multiple points of access for customers and operations. The listing notes a heavily traveled area with strong exposure on one of the busiest corners in Lebanon.

Leases for the rented suites are described as month to month, offering flexibility for an owner looking to retain or adjust tenant mix. The property is offered for sale, with showings available by schedule.

Key Highlights

  • Retail building on over half an acre at a heavily traveled city corner in Lebanon with extensive exposure
  • Total building size over 8,000 SF, including a main area over 5,000 SF currently used as a dry cleaning business
  • Two additional units are rented: one to a beauty salon and one to a barber shop

Property Analytics

Current Use

Camelot Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Plumbing Service Kitchen & Bath Showroom Acupuncture Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,388
Businesses Nearby

Demographics for 17042, PA

40,618
Population
17,067
Households
2.4
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
67.7 sq mi
ZIP Area
600
Density / Sq Mi
$76,399
Median Household Income
$45,429
Median Earnings
$1,096
Median Rent
$222,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building on over half an acre with three entrances, a dry cleaning space, and two additional month-to-month leased suites.
Where is this retail space located?
The property is located at 1141 Walnut St Lebanon, PA.
What are key features of this property?
This property features: Retail building on over half an acre at a heavily traveled city corner in Lebanon with extensive exposure; Total building size over 8,000 SF, including a main area over 5,000 SF currently used as a dry cleaning business; Two additional units are rented: one to a beauty salon and one to a barber shop
More about this property
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